Please help with the problem that is stated in the photo above!!!!
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Answer:
a 6%
Step-by-step explanation:
I = Prt
where i is the interest, p is the principle r is the rate and t is the time in years
19 = 950 *r* (4/12)
19 = 316.6666666 r
Divide each side by 316.666666
19/316.666666 = 316.6666666 r/316.66666666
.06 =r
Changing from decimal form to percent form
6% =r